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Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:26 EDTDDAIFDaimler AG reports FY13 profit EUR8.7B vs. EUR6.8B a year ago
Daimler AG reports FY13 revenue EUR118.0B vs.EUR114.3B a year ago. Reports FY13 EBIT from ongoing business of EUR7.9B vs. EUR8.2B a year ago. Reports unit sales rose to 2.35M vehicles from 2.2M in 2012. The company said, "2013 was a year that we didn't begin particularly well, but which we ended very successfully. Our efforts paid off. Daimler is in very good condition. Our prospects for the future also make us confident that we will achieve our ambitious goals in all our divisions."
News For DDAIF From The Last 14 Days
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September 1, 2015
12:49 EDTDDAIFMercedes-Benz USA reports August sales up 3.2% to 31,250 units
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August 31, 2015
12:54 EDTDDAIFDaimler to reduce Brazil Truck job hours instead of job cuts, Bloomberg reports
Daimler will scale back hours at its Brazilian truckmaking division by 20% instead of cutting jobs, Bloomberg reports. The agreement with local unions guarantees employment until August 2016, and the state of Brazil will compensate workers for roughly half of their lost pay, the report says. Reference Link
August 28, 2015
06:17 EDTDDAIFGerman car makers take hit in China, WSJ reports
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August 26, 2015
17:28 EDTDDAIFBAIC chairman says in talks to buy major stake in Daimler AG, Bloomberg says
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16:26 EDTDDAIFMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
August 24, 2015
07:15 EDTDDAIFDaimler to cut 1,500 truckmaking jobs in Brazil, Bloomberg reports
Daimler is cutting 1,500 jobs at its Brazilian truckmaking unit amidst lack of recovery for demand for commercial vehicles in the country, Bloomberg reports. Reference Link
August 21, 2015
08:11 EDTDDAIFDaimler AG could collaborate with Google, Apple, Reuters says
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